The CFO Playbook on Human Capital -- The War for Talent: How to Better Recruit and Retain the Best and the Brightest
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About CFO Playbook
CFO Playbook is a series of educational Best Practice Webcasts, podcasts, eBooks, and events providing you with practical knowledge and insights from your peers.
Companies are on a quest to recruit, secure and retain the right skill sets for the strategic initiatives they are again undertaking, after six years of conserving capital in the long wait for the economy to improve.
In finance, this war for talent is particularly acute, with many CFOs having a hard time filling spots that require specialized skills, such as accounting and data analysis. Ensuring finance has access to a desirable pool of candidates, while retaining key employees is the subject of this Webcast.
Obviously, businesses can't grow if they lack the applicable human capital assets to push them forward. CFOs know this; for the past two years, they have ranked their company's ability to attract and retain qualified workers as one of their top concerns, according to the quarterly Duke University / CFO magazine Global Business Outlook Survey. CFOs have found it difficult to populate finance with the right mix of technical accounting skill sets and other financial experts who can intelligently analyze data and draw conclusions that assist strategic decisions, particularly as their companies' growth agenda reawakens.
As they scour resumes and retain executive recruiters to find qualified employees, CFOs are also dealing with challenges over retaining key employees who have stuck with the company through the lean years. Their loyalty may have worn thin, and many are said to be placing higher demands on employers to keep them in the fold.
This CFO Playbook Webcast will explore why the war for talent still rages, despite improved employment figures; how to find quality employees that serve specific needs with specific skills; and how to hold onto them in the competitive war for talent.
During this Webcast, a distinguished panel of experts will share their perspectives on:
- The challenges of recruiting and retaining sharp people from different generations;
- How to develop a corporate culture and how that fits into your recruitment strategy;
- The questions to ask and the techniques to pursue to get the employees you want;
- How technology tools can help CFOs retain talent through goals, training and other career development activities; and
- Tips for managing talent and preventing turnover.
About the Panelists
David W. Barfield, Chief Executive Officer, The Bartech Group
As Chief Executive Officer of The Bartech Group (Bartech), David is responsible for the oversight and strategic expansion of the company’s diverse portfolio of workforce solutions worldwide. He has played an integral role in the organization's evolution from a traditional staffing agency to an industry-leading professional services firm responsible for more than 25,000 consultants and $2 billion in managed services expenditures.
David joined Bartech in 1995 and served as the company's Chief Operating Officer from 2009 to 2011. Throughout his tenure, he has leveraged supply chain, technology and risk mitigation strategies to deliver greater operational efficiencies, flexibility and control across a broad range of client solutions. He is fully committed to advancing Bartech's 35-year legacy of service, quality and innovation.
David began his career with Xerox Corporation, where he worked as an account executive serving high-volume customers in the Washington, D.C., market. Recognized in 2003 as one of Crain's Detroit Business's "40 under 40," David is a frequent speaker at industry events and Fortune 1000 corporate forums on talent management and supply chain strategies.
David serves on the Board of Directors for The National Minority Supplier Development Council and is a member of Business Leaders for Michigan, a business roundtable that includes the top 80 corporate executives in Michigan.
Ana Dutra, Global Lead, Board Effectiveness, EVP, Korn/Ferry Leadership and Talent Consulting
Ana Dutra is the Global Lead, Board Effectiveness for Korn/Ferry, based in Chicago, and EVP, Korn/Ferry Leadership and Talent Consulting. In the last five years as the CEO of Korn/Ferry Leadership and Talent Consulting, Ana developed an approximately $300-million global line of business through organic growth and acquisitions.
With more than two decades of experience in P&L management and C-level business consulting, Ana Dutra's expertise lies in helping boards, CEOs and their teams to identify and execute transformational and growth strategies through innovation, culture transformation and succession planning.
As a CEO herself, Ana Dutra has led a number turnarounds, acquisitions and post-merger integration and accelerated growth strategies. On the client side, she has experience in the CPG, retail, food and beverage, technology, banking, and manufacturing industries.
Previously, Ana Dutra was a Managing Partner with Accenture, leading its global Organization Strategy practice. She also led the organizational transformation M&A practices at Oliver Wyman Consulting.
Ned Sizer, Chief Financial Officer, Hightail
Ned Sizer is the Chief Financial Officer with Hightail, which provides collaboration solutions for businesses, big and small.
Throughout his career Ned has enabled companies, including Omniture and Silver Spring Networks, to scale and grow rapidly by establishing an effective strategic planning framework, implementing integrated and rationalized systems and building and retaining high performing teams. Ned also has extensive experience executing successful IPOs and acquisitions, including Macromedia's acquisition by Adobe and Omniture's IPO.
Prior to joining Hightail, Ned led finance and analytics at Ancestry.com, building a very successful performance based culture and facilitated the company's private equity transaction.
Richard R. Tinervin, CEO, CumulusWorld
Richard R. Tinervin is CEO of CumulusWorld, a provider of cloud-based human capital management solutions. Prior to joining CumulusWorld, Mr. Tinervin was Managing Director of Citigroup; President, CEO and Director of The Charles Schwab Trust Company; and President, CEO and Director of Irving Trust Company, California. He has also served as a Director with The Bank of New York Florida Trust Company, and CitiStreet, as well as Executive Vice President with Charles Schwab & Co., Inc., Fidelity Investments, and NCNB (Bank of America). In addition, he was a Senior Vice President at the Bank of New York.
During his career, Mr. Tinervin restructured institutional and retail businesses in asset management, financial planning, private banking, outsourcing, retirement services, securities processing, staffing and trust. In doing so he was responsible for finance, human resources, marketing, sales, operations and technology. In electing early retirement from Citigroup in April 2003, he formed Tinervin Advisors as an independent consultancy to financial services and multinational corporations. He was selected as a 2005, 2006 and 2007 Superstar of HRO Outsourcing by HRO Today Magazine, and nominated as the 2006 HRO Thought Leader of the Year.
Board memberships have included DailyAccess Corporation in Mobile, AL, the European CxO Outsourcing Project in London, UK, Greenwich Associates in Stamford, CT, and Headway Corporate Resources in Raleigh, NC. He has co-authored a number of publications on business process outsourcing and consortia buying.
About the Moderator
Russ Banham is the Senior Writer at CFO magazine. Over the past three decades, Mr. Banham has written close to 200 feature stories for CFO and CFO.com, as well as thousands of articles for many other business publications, including Forbes, The Economist, The Wall Street Journal, Financial Times, Chief Executive, U.S. News and World Report, Journal of Accountancy, and many others.
He is the author of 23 books, including The Ford Century, the award-winning, international best-selling history of Ford Motor Company, translated into 13 languages, and The Fight for Fairfax, detailing the extraordinary economic growth of northern Virginia in the aftermath of World War II. His various books have led to several television appearances, including on the TODAY show and A&E's Biography. He is currently writing a history of aviation in Hawaii.